Crypto Of The Week: Buy GRT For Gains Upto ?

The Graph is our crypto buy pick for the week and smaller term targets include moves of 10-20% and if you hold long enough you may get a multibagger coin here.

In this article, we will look at Grt crypto price target by looking at the price chart and technicals.

For on-demand analysis of any cryptocurrency, join our Telegram channel.

The Graph Crypto Price Target

• Price: $0.235
• Market Capitalization: Approximately $2.35 billion
• 24-Hour Trading Volume: $150 million
• Circulating Supply: 10 billion GRT
• Total Supply: 10 billion GRT

 Price is in a Downtrend, however, it had a bullish breakout from Falling Wedge pattern, which could signal at least a temporary bullish trend reversal with upside potential to $0.11 resistance. Stop Loss at $0.07.

Also Read, Does the Graph support the transfer of subgraph ownership using NFTs?

Technical Indicators

• Relative Strength Index (RSI): 45.
• Moving Averages
  • 50-day SMA: $0.230
  • 200-day SMA: $0.250
• Trading Volume Trends: A 5% increase in 24-hour trading volume.
• Trend: Short-term trend is Strong Down, Medium-term trend is Strong Down, Long-term trend is Strong Down.
• Momentum is Bullish but inflecting.
• Support and Resistance: Nearest Support Zone is $0.08. Nearest Resistance Zone is $0.11, then $0.15.

Price Predictions

• 2025 Forecast: Based on various analyses, GRT is expected to have the following price ranges in 2025
  • Minimum Price: $0.166
  • Maximum Price: $0.535
  • Average Trading Price: $0.904

Recent Developments

• Ecosystem Growth: The Graph has expanded its indexing support to multiple Layer 2 solutions.
• Partnerships: Collaborations with major blockchain projects have strengthened The Graph’s position as a leading decentralized indexing protocol.
• Community Engagement: The Graph Foundation has launched initiatives to support developers and encourage community participation in protocol governance.

For on-demand analysis of any cryptocurrency, join our Telegram channel.